blackwater

Founder of Blackwater to Sell Security Company

Blackwater Created Shell Companies to Get Federal Contracts

The security company Blackwater Worldwide formed a network of 30 shell companies and subsidiaries to try to get millions of dollars in government business after the company faced strong criticism for reckless conduct in Iraq, The New York Times reported Friday.

Blackwater: Soon to Be Assaulting a Mall Near You?

Even as Xe -- formerly know as Blackwater, the infamous private security firm that provided mercenaries for the U.S. war in Iraq -- puts itself up for sale, it's opening a new line of "Blackwater Pro Shops" offering all the gear your local paramilitary may need. What's behind their move into retail?